Shenzhen Stock Exchange, Companies Listed on the Small and Medium-sized Board Special Provisions

深圳证券交易所中小企业板块上市公司特别规定

June 02, 2004 | BY

clpstaff &clp articles

Issued: May 20 2004Effective: as of date of issueInterpreting authority: Shenzhen Stock ExchangeApplicability: The Special Provisions apply to information…

Clp Reference: 3700/04.05.20 Promulgated: 2004-05-20 Effective: 2004-05-20

Issued: May 20 2004
Effective: as of date of issue
Interpreting authority: Shenzhen Stock Exchange
Applicability: The Special Provisions apply to information disclosure of the companies listed on the Small and Medium-sized Enterprise Board (SME Board) of the Shenzhen Stock Exchange (Exchange). Where it is not provided in the Special Provisions, the Shenzhen Stock Exchange, Share Listing Rules and other relevant provisions of the Exchange shall apply (Article 2).

Main contents: The Special Provisions require companies listed on the SME Board to state in their articles of association that their shares will continue to be traded through the system of share transfer on their behalf after the listing of their shares has been suspended (Articles 3). Companies listed on the SME Board are also required to establish an internal audit system within six months after listing (Article 4) and appoint an accounting firm to audit its use of funds raised (Article 8).
Related legislation: Shenzhen Stock Exchange, Share Listing Rules (Amended Text 2001), Jun 7 2001, CLP 2001 No.6 p17; Listed Companies' Articles of Association Guidelines, Dec 16 1997, CLP 1998 No.2 p4 and Trading on the Small and Medium-sized Enterprise Board Special Provisions, May 20 2004, CLP 2004 No.5 p12

clp reference:3700/04.05.20/SZ(2)promulgated:2004-05-20effective:2004-05-20

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